Ghana Interest Rates

The Ghanaian economy with a population of 24.2 Million (Est 2010 - ghana.gov.gh) ranks 81st in the world with a GDP PPP of 64.584 billion and GDP PPP per capita of 3,081 vs 48,147 (United States) according to the IMF in 2011 . Its central bank, the Bank of Ghana (bog.gov.gh) promotes the stablisation of the value of the currency outside Ghana and within through its implementation of monetary policy. The currency is the Ghanaian Cedi (GHS). Fixed term horizon saving products denominated in Cedi provided by banks in Ghana are called fixed deposits. According to CIA.gov its inflation was 8.8% in 2011 and 10.7% in 2010.

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Ghana Banks

Showing rates for 6 Bank deposit providers in Ghana.
BankBranchFoundedOwnership
ADBADB781965Local
Standard Chartered Bank GhanaStandard Chartered Bank Ghana271890sForeign
UT Bank GhanaUT Bank Ghana261997Local
UBA GhanaUBA Ghana242005Foreign
Stanbic Bank GhanaStanbic Bank Ghana231999Foreign
CAL BankCAL Bank191990Local

Ghana Discussion Activity

  • Deposits
    Q: Which of the banks in tamale offers the highest interest rate.

    Joseph from Ghana
  • ADB
    Q: Please how much can l purchasetreasury bill and the rates at Adb. thank you.

    Elizabeth from Accra, Ghana
  • UT Bank Ghana
    Q: How much money do I need to invest into opportunities like the mfund and tbills

    Ameyaw Ernest from Ghana